Liberty International swings to loss, net asset value falls

SimonKennedy

LONDON (MarketWatch) -- U.K. property company Liberty International
uk:lii
[s:lbyiy] said Wednesday that it swung to a first-quarter net loss of 306.2 million pounds ($603.7 million) from a profit of 272.7 million pounds a year earlier. The group said revenue for the quarter rose 33% to 172 million pounds, while its net asset value per share has fallen to 1,181 pence a share from 1,264 pence a share due to the U.K.'s weak property market conditions. Underlying pretax profit fell 5.6% to 33.9 million pounds.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.